UPS to freeze pension plans for nonunion staffers

[Brownslave688]

8 lessons from 80 years of market history

 

[MAKAVELI]

No but enough have went under plus SS which was set up to essentially be a pension. That they've proven not to be an effective model.


Like I've said a million times. They were effective when people retired at 50-55 and died at 65. They aren't effective now that those retiring at 55 are living into their 80's.

Social Security is failing in large part due to Bush financing 2 wars and tax cuts to the rich.

 

[JustAnotherMike]

Social Security is failing in large part due to Bush financing 2 wars and tax cuts to the rich.

Obama fixed everything huh?

 

[MAKAVELI]

The limit goes up almost every year. 20k was a conservative estimate for the average of someone starting in the last 10 years.


The market on average goes up about 10% per year. That's over 80+ years of history. Are there a few lost decades sure. But you're going to gain over a 35 year career not lose.

What you gain is not guaranteed especially when you take into account for inflation, taxes and fees.

 

[Brownslave688]

Social Security is failing in large part due to Bush financing 2 wars and tax cuts to the rich.

Please please tell me what tax cuts to the rich has to do with it?

 

[IVE GOTTA PACKAGE 4U]

Obama fixed everything huh?

Let's debunk this Social Security myth

 

[Brownslave688]

What you gain is not guaranteed especially when you take into account for inflation, taxes and fees.

If you're not willing to take some risk just stay at home and live off the government.


Nothing is guaranteed. Even the pension. Push comes to shove those companies would be bailed out with new laws in a heartbeat.

 

[Brownslave688]

Social Security is failing in large part due to Bush financing 2 wars and tax cuts to the rich.

The truth is the wage base for ss tax has went up over 50k since the year 2000.


SS is taking a larger percentage of everyone's income than ever before.

 

[MyTripisCut]

Obama fixed everything huh?

 

[bbsam]

Ask @bbsam .

It's strange. It's getting easier. Just talked to a chef at a Hibachi restaurant who brought up working at Ground. Thought he was just making small talk but by the end he was asking for the building location and whom to ask for.

Side note: of all the times we've been to this restaurant, his meal prep was by far the best we've had and we've never had a bad experience there.

 

[Brownslave688]

It's strange. It's getting easier. Just talked to a chef at a Hibachi restaurant who brought up working at Ground. Thought he was just making small talk but by the end he was asking for the building location and whom to ask for.

Side note: of all the times we've been to this restaurant, his meal prep was by far the best we've had and we've never had a bad experience there.

The standards for geound are much much lower though.

 

[MAKAVELI]

It's strange. It's getting easier. Just talked to a chef at a Hibachi restaurant who brought up working at Ground. Thought he was just making small talk but by the end he was asking for the building location and whom to ask for.

Side note: of all the times we've been to this restaurant, his meal prep was by far the best we've had and we've never had a bad experience there.

That is strange. Most chefs love what they do and make a good living at it.

 

[bbsam]

That is strange. Most chefs love what they do and make a good living at it.

I thought the same thing. And he is very good.

 

[burrheadd]

That is strange. Most chefs love what they do and make a good living at it.

Plus they always have the good weed

 

[MAKAVELI]

Plus they always have the good weed

A lot of them like the Nose Candy.

 

[bbsam]

Plus they always have the good weed

I believe that's the Busboys

 

[BigUnionGuy]

Most chefs love what they do and make a good living at it.

Right.

Most bounce around from "place to place".

Let's see their financial portfolio.

It's non-existent.

Plus they always have the good weed

A lot of them like the Nose Candy.

Ha !

 

[Coldworld]

And getting fired left and right. Not to mention how many have just quit on their own accord.

Why isn't the union stepping up for these guys.... yes, you can't fix stupid but this isn't the case for every single "discharge"!!

 

[IVE GOTTA PACKAGE 4U]

Why isn't the union stepping up for these guys.... yes, you can't fix stupid but this isn't the case for every single "discharge"!!

I agree

 

[Coldworld]

I agree

That's pretty good....I just posted and within 30 seconds you responded.....lmao!!! On a serious side, the treatment of employees should be one of Sean O's top priority during negotiations.....